EPISODE · May 8, 2026 · 27 MIN
How People Are Making $100k–$200k/Year With Franchises (Without Starting from Scratch) (Part 2/2)
from Millionaire University · host Millionaire University
#897 What does it actually look like to own and operate a thriving franchise — and how much can you really make? In Part 2 of this two-part episode, host Brien Gearin continues his conversation with franchise expert Greg Mohr, diving into real-world examples of successful franchisees, including a wife who won Rookie of the Year in her first year running an electrical services franchise. Greg breaks down what to expect in terms of revenue and profit across different business types, how to approach semi-absentee ownership, and why buying multiple territories can be a game-changer. He also covers how franchisors help with hiring, the most common mistakes new franchisees make, and which industries are thriving right now — from essential home services to senior care — along with a few to approach with caution! What we discuss with Greg: + Real-world franchise success stories + Semi-absentee vs. full-time ownership + Hiring the right people + Buying multiple territories + How territories are mapped out + Common franchisee mistakes to avoid + Best industries to invest in now + Industries to approach with caution + Treating your franchise as an asset, not a job Thank you, Greg! Check out Part 1 of this episode. Check out Franchise Maven at FranchiseMaven.com. Schedule an Introduction Call. Follow Greg on LinkedIn. Watch the video podcast of this episode! To get access to our FREE Business Training course go to MillionaireUniversity.com/training. To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
#897 What does it actually look like to own and operate a thriving franchise — and how much can you really make? In Part 2 of this two-part episode, host Brien Gearin continues his conversation with franchise expert Greg Mohr, diving into real-world examples of successful franchisees, including a wife who won Rookie of the Year in her first year running an electrical services franchise. Greg breaks down what to expect in terms of revenue and profit across different business types, how to approach semi-absentee ownership, and why buying multiple territories can be a game-changer. He also covers how franchisors help with hiring, the most common mistakes new franchisees make, and which industries are thriving right now — from essential home services to senior care — along with a few to approach with caution! What we discuss with Greg: + Real-world franchise success stories + Semi-absentee vs. full-time ownership + Hiring the right people + Buying multiple territories + How territories are mapped out + Common franchisee mistakes to avoid + Best industries to invest in now + Industries to approach with caution + Treating your franchise as an asset, not a job Thank you, Greg! Check out Part 1 of this episode. Check out Franchise Maven at FranchiseMaven.com. Schedule an Introduction Call. Follow Greg on LinkedIn. Watch the video podcast of this episode! To get access to our FREE Business Training course go to MillionaireUniversity.com/training. To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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How People Are Making $100k–$200k/Year With Franchises (Without Starting from Scratch) (Part 2/2)
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